Gold/EUR
EURUSD reached and is getting rejected at the top of Bullish Megaphone pattern. Technically every rejection inside this pattern has seen at least a 0.382 Fibonacci retracement. Trading Plan: 1. Sell on the current market price. 2. Buy either on the MA50 (4h) or after a -1.35% decline is completed. Targets: 1. 1.07980 (the 0.382 Fibonacci retracement level). 2....
Euro looks set to reach new highs against the yen. Looking to stay long on this one for as the pair eyes 163.20, 164.8 ahead of NFP and other events. Eventually could make its way up to the 166.70 region if bulls keep bringin the steam.
EURJPY - 24h expiry We are trading at overbought extremes. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. A lower correction is expected. We prefer to consider the medium term trend and expect buying interest to support as prices move lower. Further upside is expected although we prefer to buy into dips...
The EURUSD pair followed the exact path that we pointed out on our last analysis (see chart below) as it gave a buy opportunity after a pull-back on the 1D MA50 and rebounded aggressively following yesterday's lower than expected U.S. CPI: A new pattern has emerged since, a Bullish Megaphone, with the price hitting yesterday's its top (Higher Highs...
This is my Intraday analysis on EURUSD for 15 Nov 2023 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m Before the analysis. i want to note that as price moved a lot yesterday it becomes difficult to have a proper trade as the momentum is so bullish, can't long the highs or trying to follow the continuation of that...
This is my Intraday analysis on EURUSD for 14 Nov 2023 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m Before the analysis today, i want to mention that as per my analysis yesterday i was not interested in Shorting EURUSD, Instead i wanted to go long for the following reasons: We are in Pullback Phase on the daily. ...
The EURUSD pair reacted extremely positively on the lower than expected U.S. CPI, naturally so and crossed over the 1D MA200 for the first time since September 1st. The 1D technical outlook is almost overbought (RSI = 69.156, MACD = 0.004, ADX = 16.674) and even though some relief pullback is to be expected, this rally should complete by the end of the month a...
Expecting strength from the Aussie this week, even though the RBA hiked, I think the Aussie was negatively affected by the fall in commodities rates in the past week. I see no strength in the Euro and I think Friday's candle suggests that this pair may not break back into my ascending channel, this could form a double top too. Tuesday EUR GDP data - could be...
Hi guys, this time i bring you an Euro analysis which isn't directional because i want you to comment your thoughts about where this is going to go, in my own opinion this is bearish at the moment but it could turn into a bullish situation if DXY flips it's H4 OB or bounces down from the Daily OB. UPDATE: DXY had a CISD(Change in delivery of state) which leaves...
Hi guys, this time i bring you an Euro analysis which isn't directional because i want you to comment your thoughts about where this is going to go, in my own opinion this is bearish at the moment but it could turn into a bullish situation if DXY flips it's H4 OB or bounces down from the Daily OB.
This is my Intraday analysis on EURUSD for 13 Nov 2023 based on Smart Money Concept (SMC) which includes the following Time Frames: 4H 15m 4H Chart Analysis 1. Swing Bullish INT Bullish OF Bearish 2. After a BOS we expect a pullback, As we did a CHoCH on the 4H and iBOS on the 15m the pullback started and tapped into a 4H Demand...
With EUR usd this week we finished in the same range that we started Friday meaning there wasn't much to do when it came to adjustments in terms of this week's outlook and we know that gbp usd has gone bullish, so there is potential for euro to follow this movement overall structurally we have a barest range so we have to continue to follow that but we will be...
Weekly price action in favor of bearish sentiment. We await a 1hr BOS after retest on any of the indicated zones for a buy
This is my Weekly analysis on EURUSD for 13 - 17 Nov 2023 based on Smart Money Concept (SMC) which includes the following Time Frames: Weekly Daily 4H Economic Events Weekly Chart Analysis 1. Swing Bearish Internal Bearish Reached Swing EQ 2. After the iBOS we expect pullback, price tapped into Liq on the lift and a demand zone which...
More downside to come if 1.47 lost.potential double tops **Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you can gift...
Hey Traders, in the coming week we are monitoring EURUSD for a selling opportunity around 1.07100 zone, EURUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.07100 support and resistance area. Trade safe, Joe.
Hello Traders, here is the full analysis. Watch strong action at the current levels for SELL. GOOD LUCK! Great SELL opportunity EURUSD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...